Genco Shipping & Trading Limited has cautioned its shareholders not to accept Diana Shipping Inc.'s tender offer of $24.80 per share in cash, stating that the offer undervalues the company and its assets. Diana's proposal includes a separate non-binding offer involving cash and stock, but Genco's board has rejected the cash tender offer as it lacks a control premium and is below the company's net asset value. Genco's board is carefully reviewing Diana's non-binding proposal while prioritizing shareholder value. The company is advised by Jefferies LLC and legal counsel, emphasizing a thorough evaluation amid strong company performance and market conditions.
Columbus Circle Capital Corp III announced the pricing of its initial public offering (IPO) of 20 million units at $10 each, raising $200 million. The units will begin trading on the Nasdaq Global Market under the symbol "CCCTU" on July 9, 2026. Each...
The global golf simulators market, valued at $2.4 billion in 2025, is projected to grow to $5.5 billion by 2035 at an 8.6% CAGR. Growth is fueled by technological improvements, increased commercial and residential use, and rising demand for indoor go...
Aimei Health Technology Co., Ltd. has terminated its business combination agreement with United Hydrogen Group Inc. due to failure to complete the merger by the agreed deadline. The termination was effective immediately as the closing did not occur b...
BellRing Brands has appointed Michael Axelrod as its new President and CEO, effective July 29, 2026, succeeding Darcy Davenport who will retire but remain as an advisor. Axelrod brings over 30 years of experience in consumer packaged goods, including...
Capital Power Corporation has entered a long-term energy supply agreement to provide 250 megawatts of power to Meta's new data centre in Sturgeon County, Alberta, expected to be operational in late 2028. This deal strengthens Capital Power's position...
